Updated over 6 years ago on . Most recent reply
First Rental Property
Hi,
I'm looking to buy my first rental property in the Miami area and was curious as to what is the least I could put down for a down payment? I spoke to one lender and was told that minimum down for a investment property would be 15%. Does anybody have any insight on this? I don't have much to put down at the moment due to recently buying my first house and paying for a wedding but I would like to get started in REI sooner rather than later.
Ryan